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Adaptation Marketplace: Coral Triangle

Created: 12/23/2014 - Updated: 12/13/2018

Overview

The Coral Triangle Adaptation Marketplace was developed to assist adaptation project developers find appropriate funding opportunities. It uses a "matchmaking" framework to link available funding to coastal and marine climate adaptation projects in an efficient and accessible format. Its function is to connect investors with project implementers according to available funding in an interactive and supported forum, thus increasing the numbers of adaptation initiatives implemented in the Coral Triangle region.

The Coral Triangle’s marine and coastal ecosystems, people, and industries are highly vulnerable to climate change. Under the current climate change trajectory, the ability of the Coral Triangle’s coastal environments to provide food for its local people could decline by 80% by 2100. Without action on global climate change and major investments in adaptation, it is estimated that around 100 million people will be severely impacted. Now that on one hand, funding is available though various organizations and mechanisms, while on the other hand, brilliant ideas of climate adaptation projects are abundant, the challenge is how to let both sides find each other. That’s the challenge this Marketplace is meeting. The scope of the Coral Triangle Marketplace is limited to the Coral Triangle countries and Fiji.
 
The Coral Triangle Adaptation Marketplace is a joint project of World Wildlife Fund and EcoAdapt, supported by the Coral Triangle Support Partnership and USAID.

EcoAdapt is at the center of climate change adaptation innovation. We provide support, training, and assistance to make conservation and management less vulnerable and more Climate Savvy. Over the past 200 years, great strides have been made in the world of conservation and now all of that is at risk because of climate change. EcoAdapt is working to ensure the success of these past efforts by delivering a framework for climate adaptation.

For 50 years, WWF has been protecting the future of nature. The world’s leading conservation organization, WWF works in 100 countries and is supported by 1.2 million members in the United States and close to 5 million globally. WWF's unique way of working combines global reach with a foundation in science, involves action at every level from local to global, and ensures the delivery of innovative solutions that meet the needs of both people and nature.

USAID is the lead U.S. Government agency that works to end extreme global poverty and enable resilient, democratic societies to realize their potential. We partner to end extreme poverty and to promote resilient, democratic societies while advancing our security and prosperity.

Keywords

Type of Tool: 
Other Climate Change or Adaptation Portals
Type of Adaptation Action/Strategy: 
Maintain adequate financial resources for adaptation
Climate Type: 
Tropical
Subtropical
Tool Cost: 
Free